that money can earn 9% ompounded quarterly for 2 years, which as a greater future value for a gadget: a ayment of P1,600 at the end of every 6

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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B. Given that money can earn 9%
compounded quarterly for 2 years, which
has a greater future value for a gadget: a
payment of P1,600 at the end of every 6
months or a payment of P800 at the end
of every quarter?
Transcribed Image Text:B. Given that money can earn 9% compounded quarterly for 2 years, which has a greater future value for a gadget: a payment of P1,600 at the end of every 6 months or a payment of P800 at the end of every quarter?
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